Want more? Register today for a trial. 7-day trial

Property which can be physically touched or held, is valued based upon the item of property itself, and is not land and attachments thereto. Stock and cash are not tangible but intangible, since their value is not based upon the paper it is written upon, but based upon some other value. Property of this nature includes such things as clothing, furniture, art, vehicles, machinery, and the like.

Synonyms: TPP
Synonyms list (a comma-separated list)